![]() ![]() You will need this to apply for registration if a title is not available. Depending on the state, the original purchase of the Snowmobile may not have had a title but would have come with a Certificate of Origin (CO). ![]() That is usually caused by one of two scenarios. It is very common when purchasing a Snowmobile from a private seller that the title is not available. This will help both the buyer and seller avoid legal issues down the road with claims against ownership or injuries/damage resulting from the use of the Snowmobile. In addition to the signed title, we suggest the buyer also secure a valid Washington Snowmobile Bill of Sale document which stipulates the details including the mileage, engine hours, and general condition of the Snowmobile. Once the title is transferred, the new owner has the option to register the vehicle if their state law allows/requires it. This acknowledges the transfer of ownership and acts as a legal document for ownership going forward. That's why it's important to get the Bill of Sale notarized and why you should consider using an escrow service.Typically when a Snowmobile transaction takes place, the seller signs over the title to the buyer. This option requires a bit of trust by the buyer since they will have to make a payment without a title. Once the seller gets the title from the lender (usually in about 10 days), they will then mail it to the buyer and the sale is complete. In the meantime, the buyer will have to take the bill of sale to the DMV and get a temporary operating permit so they can use the vehicle while waiting for the title. The buyer will then make payment either through check or escrow service, and the seller will use that payment to pay off the loan and get the title. The other option is to complete the bill of sale and have it notarized to help protect the buyer against fraud. The buyer can pay the lender directly and provide them with their name and address so they can fill out the paperwork and have the title transferred. The buyer and seller can both go to a local branch of the lender (if it's available). In this scenario, there are basically two options. ![]() It will only be transferred when the seller has paid off the loan in full. If the seller still owes money on the vehicle, then their lender will be in possession of the title. Scenario 2: Seller Does Not Have the Title The seller will then need to contact the DMV within 5 days to transfer ownership and release themselves from any liability for the vehicle.Īgain, check with your local DMV as each state has slightly different requirements. Whatever you do, don't agree to wiring money when doing a private party sale - there is simply too much fraudulent activity associated with this.Īfter the payment has been transferred, the seller needs to sign the title over to the buyer (instructions are normally provided on the back). We recommend, which protects both buyer and seller. The buyer should get a cashier's check made out to the seller for the amount agreed to.Īnother option is to use an escrow service. The best way is at their bank, in person. Next, the buyer needs to take care of the payment. First, both parties should fill out and sign a Bill of Sale which lists the Vehicle identification number (VIN), agreed purchase price, odometer reading, and name/address of the buyer and seller. The specific requirements for transferring a title differ slightly from state to state, so always be sure to check with your local DMV for details. The following guide offers general best practices when buying or selling a used car to a private party. But even if this is not the case, there are certain precautions you can take which offer protection no matter the situation. The paperwork and payment are easiest when the seller owes no money on the vehicle and already has the title in hand. Just use a little common sense, follow our guide, and you should be good to go whether you're a buyer or seller. ![]()
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